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For Immediate Release
Contact: Melinda M. Bascone
Director of Marketing
Carter Ledyard & Milburn LLP
212-238-8753
info@clm.com

GARBAN LLC SIGNS LEASE FOR NEW OFFICE SPACE

NEW YORK, December 21, 2001 - CL&M client Garban LLC signed a new lease for 111,000 square feet to replace its office space that was destroyed on September 11. The company plans a state-of-the-art initial installation, including the placement of an emergency power system on the mechanical floor of the building and communications equipment on the roof, to be financed partly by a substantial work letter received from its new landlord. Garban has the option to take an additional 11,000 square feet in its new building, as well as a right of first refusal on additional space. Cully Irving and Melinda Poon represented Garban on the lease, which was negotiated and signed within two weeks after the initial draft was received in our office.

Carter Ledyard & Milburn LLP (www.clm.com), established in 1854, has approximately 90 attorneys and has been headquartered on Wall Street since its founding. Carter Ledyard's general practice includes corporate, securities, mergers and acquisitions, broker-dealer, on-shore and off-shore hedge and other alternative investment funds, private equity, litigation, intellectual property, environmental, employment, media and technology, immigration, investment regulation, antitrust, art law, trusts and estates, maritime, ERISA, tax-exempt organizations, real estate, tax and bankruptcy. A significant part of the firm's practice involves representing overseas-based clients and their U.S. affiliates, financial institutions and other financial services providers, governmental entities and media and technology clients.

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